Topic: Do you disagree?? - page 2. (Read 1128 times)

You have predicted right then and I think we are now in bullish run now. Bitcoin is actually heading up I was thinking before August 2019, Bitcoin should be above $15,000 and by December I am speculating that we would see bitcoin above $25,000 if the current bullish trend continue at the rate is going.

Reversal is better than assuming that it's already a bull, being optimistic can helps us appreciate what the market is bringing to our investment, people loves to see pumped and if it's continuously then it will reflect to a much wider investment, holding and believing that there's a lots of potential to come bringing everything to a much higher grounds.

Bull markets vary in intensity and longevity, this could be considered a small bull market if you want but it is not going to be as big as the bull market we had in 2017, there were very specific reasons for the bull market we saw at that time that are not present now, so it is unlikely we will reach those levels, but I think those that say that we are in a bull market have a point since the price of bitcoin has doubled in a matter of months and that is not a small feat.

I will say that i have positive hope about bitcoin. Maybe it is time for bull run and end 2019 will be something that really surprised for a lot of people. Maybe some of us already hold many bitcoin in wallet and wait until that time come.

If we look at how it hit less than half of its price right now earlier this year and last year it is easy to say nay but then it is still a long way before 2019 ends and right now we already saw it reached $8000+ so its just a little more push to $15,000. We are on the way there already.

Even though bitcoin went to $8300, it's hard to claim the bull market is ongoing. The pullback is possible, moreover, even if not, then we might see a lot of sideways action. $15 000 up to the end of they year would surprise me, I don't expect the accumulation to happen that high.

In the Op it is mentioned, whatever the price might be bull run is always a bull run. Op stated about the price moving to cross $6000 and now we're standing above $7500. We've already crossed a peak of $8200 in this bull run which at the moment is experiencing some price fluctuation for a resistance transition from the support level. We may get to touch a new big price of the bull run at the earliest.

Bitcoin has kicked off already to from the start of its bull run as expected. I have speculated that once bitcoin will reach to 6K USD it will eventually gone a surge of market price increase and yes it did but it kicked off from 4k USD not 6K USD. Now, bitcoin has gone to almost 8K USD and will eventually reaches to 10K USD. Probably it will just take a months that it will going to happen. Pretty sure that since bitcoin is integrated already to every day daily use like payments then it will create huge demand from the people around the world.

The last time we saw such a huge increase in the price of bitcoin there was a very good reason for it, the developers had just activated segwit and the majority of the community was happy about it, if you want the price to reach those levels again then there must be a reason for that to happen and I am sorry to say this but I fail to see it, however I believe a price of 10k by the end of the year is achievable and we will not need a huge increase in the price for this to become a reality.

Well in 2017 many Crypto standards had been complied with, the accumulation stage ended, the bullish trend stage began to be generated, since approximately 80% of the bitcoins accumulated, which, the price was prepared at that time for go up, this can be found by analyzing the millionaire wallets where everyone has access to review them, but due to this they previously went through a stage of accumulation of the market for 3 years, which triggered them to give enough time to complete it.

Now comparing 2018 to 2019 in the current year, we have only 1 year in the accumulation phase if we take into account that the accumulation phase began in March, so for a 1-year accumulation stage it is very difficult to say that we are already in the culmination phase of the same and if we review the millionaire wallets there is still a long way to go.

This bullrun that happened was good and significant, but it is in the stage of accumulation of the market, the volatility is enormous and when we take into account the phases of the market, these movements can be given and continue to take care of the standards of up to $ (10- 11) k being the maximum in the range of accumulation, starting from this break in these areas of opportunity we can say that we are ready to face a new stage bullish trend, as long as the millionaire wallets have a good accumulation percentage.

It is not a big issues because some peoples are believe strongly so it will reach 20k USD everyone happy to enjoy the crypto market. But it is little hard to move this year because sudden pump and dump was possible at anytime so we believe our own risk and invest or hold properly in crypto investment.

That would not be impossible, bitcoin lately is moving like it's ready to pump big time again.
As the market stays bullish for the whole year, that would give big assurance that we might be able to see a new ATH.
$20K was the last ATH, and I don't think we have to wait for years to break that, the fundamentals are good and this time around people are ready to invest. Hype this market and soon we will see some big FOMO coming up!

I'm aint believing on patterns as well.There might be some professionals specially on technicals do say about having the same movement but

with the nature of cryptocurrency I wont really easily believe that it would head up on the same path on what we do experience before yet this market
will not most likely be manipulative just like fiat.It is way more different.

So now ... I'm revisiting this thread and I'm glad I created this topic.. I still believe we'll see btc over 15k by the end of this year..in fact I think 20k is possible

That's a very positive attitude sir but after that Bitfinex drama, I'm expecting that those same people will release those kind of FUD between the coming months that will make btc struggle to even reach $10k before the end of the year. These classic scare tactics will again cripple us from reaching all new highs.

Well, technically, we don't know

Personally, I don't myself believe that we are following the 2017 patterns (if anything, it is more like 2015), but still. We didn't surge nonstop through 2017 to all time highs, and in April of that year we were trading in 2-3k range (which is 2 times lower than today's price, just in case). In the summer there were a couple of major corrections, while the real growth had started only in September. Then, within a little over a period of 3 months, we reached 20k. So it is definitely not about the math (or meth) as Bitcoin had been able to do just that and starting way lower

I'm not hypocritical that bitcoin can meet increased price in a matter of hours I have watched it in many times. So, it can be happen for bitcoin to reach 15k in the end of this year but we must believe also in reality. There are many information that can makes bitcoin fall and also up, but for this situation some people tend to believe and react quickly to the information that can make bitcoin fall instead they response quickly to the information that csn makes bitcoin up. Just an information that can change this situation, I believe the price bitcoin can up to higher price again if the users has been forgeting to the bearish market and look for a ways to believe bitcoin can leave the bearish market.

I disagree, I want to see how the market reacts when China announces a mining ban on May 7th. When 70%-80% of the bitcoin, litecoin and many other coins disappear overnight you can bet your fucking ass the market is going to respond.
There could be a real panic over a (hopefully) temporary mining situation.

What makes you think that Bitcoin would reach $15k within this year? If you look at the chart of Bitcoin you will see that it is struggling to break the resistance and it is almost a month before it could break another wall of resistance. Now, you do the math if Bitcoin would be able to reach the five-figure within this year?

It may look like a bull run but it is not the actual bull run, it seems that it is just a new rally set by the whales IMO.

One thing that I had noticed this week is that Bitcoin seems to be regaining some of its past strength. For example, the Bitfinex scandal was only able to make a temporary dent in the bull run and now the prices are once again moving upward. There were a few other negative incidents, such as the China mining ban and the proposed ban in India. But Bitcoin is holding quite well.